Top 10 Project Portfolio Management Software Vendors, Market Size and Market Forecast 2019-2024

Worldwide PPM Applications Market to reach $4.7 billion by 2024, compared with $4.5 billion in 2019 at a compound annual growth rate of 1.1%.

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In 2019, the top 10 Project Portfolio Management software vendors accounted for nearly 67% of the global PPM applications market which grew 3.6% to approach nearly $4.5 billion in license, maintenance and subscription revenues.

Last year Oracle led the pack with 13.8% market share riding on a 4.2% jump in PPM product revenues. In 2019, ServiceNow was #2, followed by Microsoft, SAP and Atlassian.

We ask the simple question: Who’s buying PPM applications from whom and why? And we provide the answers – supported by decades of research – to our clients around the world. (Sample from our Apps Database)

2019 Project Portfolio Management Applications Market Shares
Exhibit 1 – 2019 Project Portfolio Management Applications Market Shares Split By Top 10 Project Portfolio Management Vendors and Others

Through our forecast period, the PPM applications market size is expected to reach $4.7 billion by 2024, compared with $4.5 billion in 2019 at a compound annual growth rate of 1.1%.

Exhibit 2: Worldwide PPM Software Market 2019-2024 Forecast, $M
Year201920242019-2024 CAGR, %
Total450747671.1%

Source: Apps Run The World, November 2020

Top 10 PPM Software Vendors

Project and portfolio management (PPM) applications include those that automate and optimize the initiating, planning/scheduling, allocation, monitoring, and measuring of activities and resources required to complete projects. PPM applications also cover certain aspects of IT service management especially those that involve project portfolio management within the IT domain.

Conventional project management apps are being eclipsed by Cloud-based offerings as market is buoyed by low price point and increased use of multimedia tools for virtual project teams.

Here are the rankings of the top 10 Project Portfolio Management software vendors in 2019 and their market shares.

RankVendor2018 Project Portfolio Management Apps Revenues, $M2019 Project Portfolio Management Apps Revenues, $MYoY Growth2019 Project Portfolio Management Market Share, %Recent Developments
1Oracle Subscribe Subscribe4.2% SubscribeOracle purchased Textura, a contract and payment management platform for $663 million and Aconex, a project management and team collaboration platform for $1.2 billion, combining them with its own project management software, called Primavera, to form the Oracle Construction and Engineering Global Business Unit.
2ServiceNow Subscribe Subscribe25.7% SubscribeIn October 2019, ServiceNow has appointed Bill McDermott as president and CEO. In November 2019, ServiceNow acquired Fairchild Resiliency Systems to help companies better manage risk at scale.
3Microsoft Subscribe Subscribe1.8% SubscribeWith Azure Logic Apps and the Project Online connector, customers can create automated tasks and workflows for their projects, tasks, and resources in Project Online through Office 365.
4SAP Subscribe Subscribe6.7% SubscribeSAP Portfolio and Project Management and SAP Commercial Project Management is now technically delivered with SAP S/4HANA and will apply AI and process automation to deliver insights and relieve project teams from repetitive menial tasks.
5Atlassian Subscribe Subscribe24.8% SubscribeIn March 2019, Atlassian acquired AgileCraft and subsequently rebranded it Jira Align. Earlier, Atlassian acquired Trello, a project and productivity management service for $425 million.
6Planview Subscribe Subscribe11.4% SubscribePlanview announced a new brand identity for its mid-level Project Portfolio Management (PPM) offering – Planview Innotas becomes Planview PPM Pro. Planview changed its logo in 2019.
7Workfront Subscribe Subscribe13.5% SubscribeIn October 2019, Workfront acquired Atiim, a pioneer in enterprise goal management software. In 2020, Workfront launched Workfront Goals (ex Atiim) – enabling enterprises to manage organizational and individual goals, work, and key results on a single platform for the first time.
8Wrike Subscribe Subscribe5.5% SubscribeIn October 2019 Wrike unveiled new vertical solutions and advanced analytics tool for performance-driven teams and organizations
9Upland Software Subscribe Subscribe9.7% SubscribeIn January 2020, Upland Software launched Upland Intelligent Capture, a solution that unifies and secures end-to-end document workflow automation capabilities into a single cloud-ready solution.
10Procore Subscribe Subscribe13.8% SubscribeIn October 2020, Procore has acquired Esticom, a cloud-based estimating and takeoff solution and leader in preconstruction technology. This acquisition will add powerful estimating functionality to the Procore platform, complementing Procore’s preconstruction offering.
Subtotal Subscribe Subscribe11.0% Subscribe
Other Subscribe Subscribe-8.8% Subscribe
Total Subscribe Subscribe3.6% Subscribe

Source: Apps Run The World, November 2020

Other PPM software providers included in the report are: 24SevenOffice, Access Group, ARCHIBUS, Astea International, Autodesk, Basecamp, BST Global, CA Technologies, a Broadcom Company, Changepoint, Clarizen, Computer Methods International Corp., Datto | Autotask, Deskera Singapore, Duzon Digitalware, Field Nation, IBM, IFS, Ignite Technologies, International Decision Systems, KeyedIn, KPI Software Inc, Mavenlink, Odoo, One2Team, Open Text Corporation, Planisware, ProAlpha Business Solutions, Project Objects, QuickBase, RIB Software SE, River Logic, Roper Technologies, Runrun.it, Sciforma Corporation, Smartsheet, Sopheon, SS&C Technologies, TeamDynamix, Tigernix Pte Ltd, Trimble, UNIT4, WisageTech, Workcube ERP, Workday, Yonyou, Zoho Corp., and others.

Custom data cuts related to the PPM Applications market are available:

  • Top 50+ PPM Applications Vendors and Market Forecast 2019-2024
  • 2019 PPM Applications Market By Industry (21 Verticals)
  • 2019 PPM Applications Market By Functional Market (16 Markets)
  • 2019 PPM Applications Market By Country (USA + 45 countries)
  • 2019 PPM Applications Market By Region (Americas, EMEA, APAC)
  • 2019 PPM Applications Market By Revenue Type (License, Services, Hardware, Support and Maintenance, Cloud)
  • 2019 PPM Applications Market By Customer Size (revenue, employee count, asset)
  • 2019 PPM Applications Market By Channel (Direct vs Direct)
  • 2019 PPM Applications Market By Product

Exhibit 4 shows the enterprise applications market by functional area. The highest growth functional markets revolve around smaller segments like eCommerce, Enterprise Performance Management, Sales Performance Management and Treasury and Risk, where first movers remain less established than those that for decades have been entrenched in functional areas like ERP, CRM and PLM.

Worldwide Enterprise Applications Market Forecast 2019-2024, By Functional Market, $M
Exhibit 4 – Worldwide Enterprise Applications Market Forecast 2019-2024, By Functional Market, $M

PPM Win/Loss Analysis As Part Of Enterprise Applications Buyer Insight Customer Database

On the buyer side, customers are investing in Project Portfolio Management systems based on new features and capabilities that are expected to replace their existing legacy systems. In many cases, competitive upgrades and replacements that could have a profound impact on future market-share changes will become more widespread.

Since 2010, our global team of researchers have been studying the patterns of the latest PPM software purchases by customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.

Updated continuously, our database features extensive win/loss analysis. Each year our research team identifies tens of thousands of these customer wins and losses from public and proprietary sources.

Tresearch results are being incorporated into regular updates in our Enterprise Applications Buyer Insight Customer Database. You can access the Quarterly Win/Loss Analysis Scoreboard and our Enterprise Applications Buyer Insight Customer Database by becoming a subscriber.

CustomerIndustryEmpl.RevenueCountryVendorNew Product
FCA GroupConsumer Packaged Goods235915$110.79BItalyCA TechnologiesCA Project & Portfolio Management
Pacífico SegurosInsurance5000$500.0MPeruCA TechnologiesCA Project & Portfolio Management
Alfred Kärcher GmbH & Co. KGManufacturing12300$2.87BGermanyDassault Systemes3DEXPERIENCE Platform
BlutecAutomotive5185$500.0MItalyDassault Systemes3DEXPERIENCE Platform
Bouygues ConstructionConstruction and Real Estate116000$35.54BFranceDassault Systemes3DEXPERIENCE Platform
Dassault AviationAerospace and Defense11398$5.52BFranceDassault Systemes3DEXPERIENCE Platform
EDFUtility152030$80.00BFranceDassault Systemes3DEXPERIENCE Platform
ExxonMobilEducation69600$238.00BUnited StatesDassault Systemes3DEXPERIENCE Platform
Turkish Aerospace IndustriesAerospace and Defense5254$1.00BTurkeyDassault Systemes3DEXPERIENCE Platform
University of TokyoEducation8210$2.29BJapanDassault Systemes3DEXPERIENCE Platform
Alberta Investment Management Corporation (AIMCO)Automotive425$35.0MCanadaMicrosoftMicrosoft Project Online
Aston MartinRetail1850$1.15BUnited KingdomMicrosoftMicrosoft Project Online
Crouzet GroupBanking and Financial Services1300$200.0MFranceMicrosoftMicrosoft Project Online
WhiteWaterManufacturing650$70.0MCanadaMicrosoftMicrosoft Project Online
Alectra UtilitiesManufacturing1600$300.0MCanadaOraclePrimavera P6 Enterprise Project Portfolio Management
Cordoba CorporationConstruction and Real Estate260$30.0MUnited StatesOraclePrimavera P6 Enterprise Project Portfolio Management
Maverik, Inc.Retail5000$400.0MUnited StatesOracleOracle Primavera Unifier
McCarthy Building Companies, IncRetail2500$200.0MUnited StatesOraclePrimavera P6 Enterprise Project Portfolio Management
Tiffany & CoUtility11900$4.00BUnited StatesServiceNowServiceNow PPM
FluorProfessional Services37500$18.11BUnited StatesAconexAconex | Online Project Management
OBRAINSAConstruction and Real Estate1500$500.0MPeruAconexAconex | Online Project Management
SHBCConstruction and Real Estate1500$350.0MKuwaitAconexAconex | Online Project Management
Brillio GlobalProfessional Services1500$200.0MUnited StatesAtlassianJIRA Software
FACEITProfessional Services80$10.0MUnited KingdomAtlassianJIRA Software
NordstromConsumer Packaged Goods72500$14.44BUnited StatesAtlassianJIRA Software
PredictesProfessional Services20$2.0MPolandAtlassianJIRA Software
PulsarFourProfessional Services130$15.0MUnited StatesAtlassianJIRA Software
RedfinConstruction and Real Estate1800$200.0MUnited StatesAtlassianJIRA Software
Balfour Beatty Construction USConstruction and Real Estate2400$3.90BUnited StatesAutodeskAutodesk Constructware
Max BöglConstruction and Real Estate6000$1.77BGermanyAutodeskAutodesk BIM
NCCConstruction and Real Estate18000$7.20BSwedenAutodeskAutodesk BIM
Amadeus IT GroupLeisure and Hospitality13000$4.30BSpainChangepointChangepoint
American Cancer SocietyNon Profit8500$1.20BUnited StatesChangepointDaptiv
Campbell UniversityEducation200$50.0MUnited StatesCitrixCitrix Podio
BlipparProfessional Services320$60.0MUnited KingdomDeltekDeltek TrafficLIVE
MaceConstruction and Real Estate4446$2.33BUnited KingdomDeltekDeltek Cobra
OLIVER AgencyMedia420$100.0MUnited KingdomDeltekDeltek TrafficLIVE
PhacilAerospace and Defense800$120.0MUnited StatesDeltekDeltek Cobra
ArupProfessional Services12150$1.50BUnited KingdomMicrosoftMicrosoft Project Online
Coca-Cola Bottling Co. ConsolidatedConsumer Packaged Goods7000$1.50BUnited StatesMicrosoftMicrosoft Project Server
LabAnswerLife Sciences250$30.0MUnited StatesMicrosoftMicrosoft Project Online
United AirlinesAerospace and Defense88400$37.74BUnited StatesMicrosoftMicrosoft Project Server
Alliant EnergyUtility4070$3.25BUnited StatesOraclePrimavera P6 Enterprise Project Portfolio Management
AmerenUtility8527$6.10BUnited StatesOraclePrimavera P6 Enterprise Project Portfolio Management
Kansas City Power & LightUtility1789$1.71BUnited StatesOraclePrimavera P6 Enterprise Project Portfolio Management
South East WaterUtility526$916.0MAustraliaOraclePrimavera P6 Enterprise Project Portfolio Management
Swinerton BuildersConstruction and Real Estate1500$1.90BUnited StatesOraclePrimavera P6 Enterprise Project Portfolio Management
BUNNConsumer Packaged Goods600$150.0MUnited StatesSAPSAP Portfolio and Project Management
KiewitConstruction and Real Estate22000$9.00BUnited StatesSAPSAP Portfolio and Project Management
PfizerLife Sciences78300$48.85BUnited StatesSAPSAP Portfolio and Project Management
Transnet SOCTransportation55000$4.30BSouth AfricaSAPSAP Portfolio and Project Management
AudioNovaRetail1600$400.0MNetherlandsServiceNowServiceNow PPM
IBMProfessional Services377757$81.74BUnited StatesServiceNowServiceNow PPM
LafargeHolcimConstruction and Real Estate100000$29.90BSwitzerlandServiceNowServiceNow PPM
Standard Life UKBanking and Financial Services6500$1.12BUnited KingdomServiceNowServiceNow PPM
TomTomProfessional Services4800$903.0MNetherlandsServiceNowServiceNow PPM
William Hill plcLeisure and Hospitality16000$2.10BUnited KingdomServiceNowServiceNow PPM
YazakiAutomotive279800$15.70BJapanServiceNowServiceNow PPM

Source: Apps Run The World, November 2020

Further Readings

An expanded version of this report covers the top 50+ Project Portfolio Management Software Vendors, offering in-depth analysis of the market dynamics, vendors’ Strengths, Customers, Opportunities, Risks and Ecosystems as well as their ability to gain Shares (SCORES) within their respective space.

We also offer win-loss analysis of the quarterly wins of these top vendors and whether incumbents and upstarts pose any real threat to their standing amid shifting market requirements and user preferences.

More Enterprise Applications Research Findings

Based on the latest annual survey of 3,000+ enterprise software vendors, Apps Run The World is releasing a number of dedicated reports, which profile the world’s 500 largest Enterprise Applications Vendors (Apps Top 500) and the world’s 500 largest Cloud Applications Vendors (Cloud Top 500) ranked by their 2015-2019 product revenues.

Their 2018 results are being broken down, sorted and ranked across 16 functional areas(from Analytics to Treasury and Risk Management) and by 21 vertical industries(from Aerospace to Utility), as shown in our Taxonomy. Further breakdowns by subvertical, country, company size, etc. are available as custom data cuts per special request.

Research Methodology

Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market.

We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 100,000 organizations around the world.

The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.

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